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Nifty needs to sustain above 4720 to remain bullish on Friday. Nifty is range bound between 4600-4800. 5300 will be a challenging resistance for Nifty in 2012 & on downside 3800 to 4000 zone can act as support for sometime. There is moderate to high risk in fresh long term investment. Nifty’s Intermediate trend is Down. Nifty target: Above [...]
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